Central America: Fuel Prices up to April 9

Price per gallon of regular gasoline: Nicaragua $3.81, Costa Rica $3.76, Honduras $3.53, El Salvador $3.36, Guatemala $3.22 and Panama $3.07.

Monday, April 8, 2019

From the Ministry of Economy of El Salvador statement:

The increases in gasoline prices for the current fortnight are largely because of the prolonged fall in gasoline reserves, which add up to 7 consecutive weeks, according to reports provided by the IEA, detailing a reduction of 21.4 million barrels. This decline is equivalent to the one suffered between February and April 2017, which in 10 consecutive weeks reduced 22.9 million barrels, which reflects the marked difference in the increase in prices of regular and higher gasoline.

Likewise, the reserves of distillates for heating oil, from which diesel is also obtained, shows an 8.2-million-barrel drop in reserves in 3 consecutive weeks; however, it does not present great variation like gasoline, because of the change of season and climate in the North American country (from winter to spring) allows prices to be maintained with less variation, due to the transition of consumption from moderate to low quantities, generating less demand.

Prices in dollars
Regular
Special
Diesel
Guatemala
3,22
3,38
2,84
El Salvador
3,36
3,64
3,05
Nicaragua
3,81
4,05
3,37
Honduras
3,53
3,93
3,34
Costa Rica
3,76
3,86
3,39
Panama*
3,07
3,28
2,78
*Prices taken from Acodeco.gob.pa

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More on this topic

Central America: Fuel Prices up to December 16

December 2019

Price of a gallon of regular gasoline: Costa Rica $ 4.07, Nicaragua $ 3.52, Honduras $ 3.45, El Salvador $ 3.04, Guatemala $ 3.02 and Panama, $ 2.83.

From the Ministry of Economy of El Salvador:

The current reference prices present their second combined variation for gasoline and diesel; this trend is the result of the increase in gasoline and distillate reserves.

Central America: Fuel Prices up to May 20

May 2019

Price per gallon of regular gasoline: Costa Rica $4.26, Nicaragua $3.89, Honduras $3.72, El Salvador $3.42, Guatemala $3.38 and Panama $3.29.

From the Ministry of Economy of El Salvador statement:

The current reference prices reflect a downward trend, because during the first weeks of May, reserves of gasoline and distillates show minimal reductions, this has allowed prices to be more stable compared to the previous month, since the first half of May gasoline reported a 790,000-barrel decrease, while in April for the first half reported a 10.6-million-barrel reduction. Regarding diesel distillates, during the first fortnight of May a 1.4-million-barrel decrease was reported, while for the first fortnight of April it was 2.5 million barrels, a less marked difference, which affects the price of low-sulfur diesel for the next fortnight.

Central America: Fuel Prices up to March 25

March 2019

Price per gallon of regular gasoline: Nicaragua $3.72, Costa Rica $3.57, Honduras $3.44, El Salvador $3.22, Guatemala $3.15 and Panama $2.79.

From the statement of the Ministry of Economy of El Salvador:

The increase in reference prices for this fortnight is because gasoline inventories have experienced their largest decline since February until the last weekly report provided on Wednesday March 20 by the IEA.

Central America: Fuel Prices up to February 11

February 2019

Price per gallon of regular gasoline: Costa Rica $3.48, Nicaragua $3.28, Honduras $3.19, El Salvador $2.81, Guatemala $2.75 and Panama $2.56.

From the Ministry of Economy of El Salvador report:

The increase in the reference prices for the current fortnight, according to the last two reports provided by the IEA, is because the reserves of gasoline and diesel show decreases in the last two weeks.

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